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Published on 5/2/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Desert Sands USD, Calif., calls $94.29 million G.O. bonds

By Tali Rackner

Norfolk, Va., May 2 - The Desert Sands Unified School District of Riverside County, Calif., called $94,285,000 of its series 2004 election of 2001 general obligation bonds, according to a notice.

The following will be redeemed at par plus accrued interest on June 1:

• $4.23 million of 5.25% bonds due June 1, 2015;

• $4,545,000 of 5.25% bonds due June 1, 2016;

• $4,785,000 of 5.25% bonds due June 1, 2017;

• $5,035,000 of 5.25% bonds due June 1, 2018;

• $5.3 million of 5.25% bonds due June 1, 2019;

• $5,575,000 of 5.25% bonds due June 1, 2020;

• $5.87 million of 5% bonds due June 1, 2021;

• $6,165,000 of 5% bonds due June 1, 2022;

• $6.47 million of 5% bonds due June 1, 2023;

• $6,795,000 of 5% bonds due June 1, 2024; and

• $39,425,000 of 5% bonds due June 1, 2029.

U.S. Bank NA is the trustee or agent.


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